SarkariPYQ

SSC GD 2023 PYQ — Question 31

SSC GD Constable (English) - 25 Jan 2023 - Shift 2 • General Awareness • Q31

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The age of the subscriber under Atal Pension Yojana (APY) should be between_______.

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Correct answer: B

Explanation

The correct answer is option 2 i.e. 18-40 years.

  •  Atal Pension Yojana (APY) is an age old income security scheme for a savings account holder in the age group of 18-40 years who is not an income tax payee.
  • The scheme helps in addressing the longevity risks among the workers in the unorganized sector and encourages the workers to voluntarily save for their retirement. 
  • Under the APY, guaranteed minimum pension of Rs.1,000 or Rs.2000 or Rs.3,000 or Rs.4,000 or Rs.5,000 per month will be given at the age of 60 years depending on the contributions by the subscribers.